The Deborah Lucci Team - William Raveis R.E. & Home Services

Posted by The Deborah Lucci Team on 3/19/2018

Buying a home is the mark of an important milestone in your life. While you’re very excited, you need to be prepared for all of the costs that are associated with buying a home. There are a few different costs that go into buying a home that are often overlooked. Before you dive into the home buying process, you’ll want to be prepared.

The Closing Costs

Many homebuyers have gone smoothly through the process of buying a home until they get to the closing table. They suddenly realize that they need a bit more cash than they anticipated. You probably were more than prepared with your down payment, but there’s other costs that are associated with buying a home. Some costs that you should be prepared for include:

  • The home appraisal
  • Attorney’s fees
  • lender’s fees
  • Underwriting fee
  • Processing fees
  • Inspection fees

You’ll receive a disclosure up front to help you understand all of the charges and cash that you must present when your signing the final documents for the purchase of the house. Keep in mind that many of these fees can be negotiable. 

Decorating Your New Home

Once you move into a new home, you’re going to want to decorate the space. You may need a some new furniture. Perhaps you own no furniture and need to furnish the entire house. You’ll want to budget for this. The good news is that there are plenty of ways to fill up your home with items that won’t break the bank yet look good in the home. Places that you can shop include online sources like Craigslist or Facebook Marketplace. You can even check out local second hand stores for some great deals on furniture and decor that is in good condition. The important thing is that you understand how much you’ll need to buy as you move into the home.   

Escrow Accounts

The escrow account typically holds the insurance and taxes for the home. Funds are withdrawn as premiums and payments are due. Not every lender has these set up, but you should be prepared to have the money up front for the home insurance and even the taxes at the closing table.  

Improvements Around The Home

There will be plenty of things that you’ll want to do around your new home to spruce up the place and make it your own. From planting bushes in the front to flower gardens outside to fresh coats of paint, you’ll quickly discover how expensive it is to be a homeowner. 


If you’re preparing to buy a home, now you understand why saving is so important! Investigate all the costs that you’ll need to pay up front while you’re in the midst of buying a home to avoid any surprises.

Posted by The Deborah Lucci Team on 1/15/2018

Let's face it – homebuyers often face intense pressure. In many instances, dozens of homebuyers may compete for the same residence. And if you don't act quickly, you risk missing out on your dream house to a rival homebuyer.

Believe it or not, it sometimes can be beneficial to take a wait and see approach to buying a house. Some of the key reasons for homebuyers to consider deploying a wait and see approach include:

1. You can determine exactly what you want in your dream house.

Differentiating between must-haves and wants can be tough, particularly for homebuyers who are shopping for residences for the first time. Fortunately, if you take a slow, gradual approach to homebuying, you can view a variety of residences and narrow your search accordingly.

Oftentimes, homebuyers can benefit from attending open houses and getting a firsthand look at myriad residences. Each open house provides an opportunity to analyze a home, review its pros and cons and determine whether a residence is right for you. As such, homebuyers can attend many open houses to better understand what they want from a dream residence.

2. You can get your finances in order.

Although you know you want to buy a house, getting your finances in order may prove to be hassle. Luckily, homebuyers who implement a wait and see approach can find a mortgage that matches their finances perfectly.

Ideally, a homebuyer should meet with several banks and credit unions and explore all of the mortgage options at his or her disposal. During each meeting with a mortgage lender, a homebuyer can receive expert insights into many mortgage options.

A homebuyer may want to get pre-approved for a mortgage as well. If a homebuyer embarks on a search for the right mortgage today, this individual can move closer to entering the housing market with a budget in hand and simplifying his or her home search.

3. You can find the perfect real estate agent.

Ultimately, the real estate agent that you select may dictate the success of your quest to find your dream residence. If you allocate the necessary time and resources to hire a hardworking and experienced real estate agent, you should have no trouble streamlining your home search. On the other hand, if you rush to hire the first real estate agent that you meet, you risk making the wrong choice.

When it comes to finding the perfect real estate agent, it pays to be patient. By spending some time learning about various real estate agents in your area, you can select a top-notch housing market professional to guide you along the homebuying journey.

Lastly, don't forget to select a real estate agent who is available to respond to any homebuying concerns and questions, at any time. With this housing market professional at your side, you can boost your chances of discovering your ideal residence.

There is no need to rush to find your dream home. Instead, take a wait and see approach to buying a house, and you may reap the benefits of your decision for years to come.

Categories: Buying a Home   buying tips  

Posted by The Deborah Lucci Team on 12/4/2017

Do you have what it takes to be a responsive homebuyer? Ultimately, your ability to respond to requests from home sellers and others may dictate your homebuying success.

Becoming a responsive homebuyer can be easy – here are three tips to ensure you can do just that.

1. Learn About the Housing Market

A responsive homebuyer understands that he or she has a lot to learn about the housing market. As such, this individual will allocate the necessary time and resources to analyze the real estate sector.

Typically, a responsive homebuyer will perform comprehensive online research. This will help a homebuyer assess a broad range of residences so he or she can tailor a home search accordingly.

Let's not forget about a responsive homebuyer's diligence, either.

A responsive homebuyer may work with an expert real estate agent, i.e. a housing market professional who knows what it takes to land a top-notch house at a budget-friendly price. By doing so, this homebuyer can boost his or her chances of streamlining the homebuying process.

2. Be Available

Are you ready to check out houses as soon as they become available? A responsive homebuyer should have no trouble tracking the housing market and staying up to date about new residences. That way, this individual can act quickly if he or she discovers the perfect home.

An informed approach can make a world of difference, and in most cases, separates a responsive homebuyer from an ordinary property buyer.

Usually, a responsive homebuyer will study the housing market closely and track new houses daily. This property buyer also may collaborate with a real estate agent who will keep him or her informed about new houses that become available.

Perhaps most important, a responsive homebuyer will be ready to accept phone calls, emails and texts throughout the homebuying cycle. He or she will even be open to communication with a home seller – something that may help this homebuyer acquire a first-rate house.

3. Offer Positive Responses to Feedback

Although a responsive homebuyer is eager to learn about the real estate sector, he or she won't pretend to be a housing market expert. In fact, this individual often is happy to receive feedback throughout the homebuying cycle.

A responsive homebuyer may consult with a real estate agent who can offer homebuying recommendations and suggestions. This homebuyer may not always agree with a real estate agent's advice, but he or she also will listen to everything that a housing market professional has to say.

Becoming a responsive homebuyer may seem like an uphill climb. However, with support from a real estate agent, you may be able to accelerate the process of transforming your homeownership dream into a reality.

Real estate agents are available in cities and towns nationwide and serve as homebuying guides. These housing market professionals can help homebuyers find residences that they can enjoy for years to come.

Take the next step to become a responsive homebuyer – use these tips, and you can move one step closer to securing your ideal residence.

Categories: Buying a Home   buying tips  

Posted by The Deborah Lucci Team on 5/22/2017

 Every country and every region have specific styles of homes that are most common in that area. And every homebuyer has a style or styles of homes that peak their interest above all others. It’s important to know what types of homes dominate your region so you can expect what you’ll see as you begin your house hunt. Or you can skip the house hunt all together and search for land with the intention of building if that style of home is just about impossible to find in your area. Here are a few of the top styles of home in New England.

Colonial style homes are one of the oldest known styles built in New England. This style mirrored homes in Europe. Colonial style homes include Dutch and Georgian colonial. They are very simple and symmetrical style homes.

Cape Cod: 
Cape Cod style homes originated in the colonial era. Today, their design still pulls from the original designs. This style home generally has steep, pitched roofs, a central staircase and chimney, and two bedrooms upstairs. While original capes still exist, variations on the original design are fairly common.

Victorian era homes include multiple architectural styles of homes that were prominent during this time period such as Italianate and Queen Anne styles. These homes were typically constructed as three story homes in the eastern United States. Common among the design of these homes is that each type includes ornate and detailed design.

Craftsman style homes are the most popular style around the United States. As the name suggests, the home style focuses on the craft of construction with exteriors featuring a combination of wood and stone. These homes are usually bungalows that can be of any shape, but are generally unique. 

Traditional homes are, as the name suggests, traditional. They are an ‘update’ to the colonial style home. This style typically is charming and detailed around historically accurate features.

These are just a few of the most popular homes in the New England region. And it certainly doesn’t mean that other, less popular styles don’t exist in this region. If you’re in the market for one of these types of homes in New England, then you have a pretty good shot at finding what you’re looking for. Happy house hunting!

Posted by The Deborah Lucci Team on 1/23/2017

There's no denying the truth – the real estate market can be complicated. As such, regardless of whether you're a first-time or experienced homebuyer, you'll want to do everything you can to prepare for the process of purchasing a new residence. So what does it take to ensure you can land your dream home in any real estate segment? Here are three tips for both first-time and experienced homebuyers: 1. Understand the Speed of the Real Estate Market. A newly listed residence may sell only a few hours after it reaches the real estate market. Thus, you'll want to stay on top of houses as they become available in cities and towns where you'd like to relocate; otherwise, you risk missing out on what could be your perfect residence. Remember, the real estate market moves fast, and homebuyers who hesitate likely will struggle to score their dream homes. To accelerate the homebuying process, you'll want to get pre-approved for a mortgage. By doing so, you can submit an offer without having to commit significant time and resources to secure financing for your dream home down the line. Also, if you're interested in a home and feel comfortable with a residence, don't wait too long before you submit an offer. Because if you do, you could lose your dream home to another homebuyer. 2. View Any Home Purchase as an Investment. Although you have no plans to purchase a home and sell it at a later date, the future remains unpredictable. As a result, you should view any home you check out as a long-term investment and try to find a residence that you believe will increase in value. Typically, what you pay for a home is unlikely to represent your residence's total value in five or 10 years. But homebuyers who view a home purchase as an investment will understand that a residence's value will fluctuate over time and dedicate the time and resources to maximize a home's value, too. Look beyond a home itself to determine whether you are comfortable with a residence as a long-term investment. For instance, if you buy a newly constructed home in an up-and-coming area, the residence's value may rise quickly in the foreseeable future. On the other hand, if you purchase a "fixer-upper," aka a home in need of significant repairs, you may need to consider setting extra money aside to complete home improvement projects to help optimize this residence's value. 3. Work with an Experienced Real Estate Agent. Although you've done plenty of research about the housing market, it never hurts to have an experienced real estate agent at your disposal. A real estate agent is happy to assist you during every step of the homebuying process. That way, if you encounter any homebuying hurdles, this real estate professional can help you overcome these challenges without delay. Employ a real estate agent who possesses comprehensive industry experience and who makes you feel comfortable and confident as you explore the real estate market. And ultimately, your real estate agent should be able to help you find your dream home.